The Canadian dollar (USD/CAD) traded around C$1.4149 at 8:54 a.m. ET on Friday, extending its recent weakening trend and extending a multi-week decline. The pair opened at C$1.4147 and moved within a narrow range of C$1.4140 to C$1.4150, reflecting persistent pressure on the loonie despite elevated oil prices. Earlier in the week, the currency hit a two-month low, underscoring its vulnerability to broader market dynamics.
Canadian dollar near C$1.4150 as U.S. dollar strength persists
The Canadian dollar remains under pressure near a multi-week low amid a broader U.S. dollar rally and expectations of tighter Federal Reserve monetary policy.
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Sophie Laurent · FX & Rates Desk · 25 Sept 2026 · 20:01 · 1 min read
This article was produced with AI assistance and edited by a Finance Review Daily journalist.
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Written by
Sophie Laurent
FX & Rates Desk
Sophie covers currency markets and central bank policy across Europe, with a focus on how rate decisions ripple through FX pairs. She has been tracking the ECB's policy path since the start of the current easing cycle.
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